• Community First Solutions Acquires Again in Ohio

    Ziegler was engaged by Marquee Capital, the real estate company affiliated with Marcus Investments, LLC, the Marcus’ family office, in the sale of its seniors housing community in Mason, Ohio. Built in 2020, BrightStar Senior Living of Mason sits on 3.2 acres with 41 assisted living and memory care units. The community was well occupied at 90%,... Read More »
  • Joint Venture Acquires Nashville Active Adult Community

    An active adult community in Germantown, Tennessee, found a new owner thanks to the team at Newmark. Built in 2020, Avenida Watermarq is a 161-unit, Class-A active adult community in an affluent suburb of Nashville. There are one- and two-bedroom options averaging 919 square feet per unit. Occupancy was 87%. Inspired Real Estate Partners and GEM... Read More »
  • Institutional Owner Divests Ohio Facility

    Evans Senior Investments arranged the sale of a skilled nursing facility in Ohio on behalf of an institutional owner looking to exit the market. The facility comprises 88 beds and 20 independent living units, which served as a referral source for the nursing home. The buyer was a regional owner/operator that is actively expanding in Ohio. This is... Read More »
  • Strawberry Fields Completes Missouri SNF Portfolio Acquisition

    Strawberry Fields REIT, Inc. announced that it completed the acquisition of nine skilled nursing facilities comprising 686 beds in Missouri for $59 million, or $86,000 per bed. The REIT completed the acquisition using cash on hand and the issuance of approximately $2.0 million in OP Units of Strawberry Fields REIT LP to the seller. Eight of the... Read More »
  • Macquarie Asset Management Launches Health Wave Partners

    Macquarie Asset Management, which has over 35 years of experience in the real estate sector and a current network of 15 specialist operator investments globally, announced the launch of Health Wave Partners, a seniors housing platform aimed at targeting investments in modern seniors housing assets alongside established operators. The platform... Read More »
Walker & Dunlop Arranges Atlanta Active Adult Acquisition

Walker & Dunlop Arranges Atlanta Active Adult Acquisition

Walker & Dunlop Investment Sales arranged the sale of a class-A active adult community in the Atlanta, Georgia MSA. The W&D Seniors Housing team including Jordyn Berger and Joshua Jandris, as well as the W&D Atlanta Multifamily Team including Kris Mikkelsen, Pat Jones and Chris Goldsmith, collaborated on the transaction. Just built in 2020, Everleigh Halcyon Village features 160 units on 1.9 acres. It includes one-bedroom units with 848 square feet and two-bedroom units with 1,195 square feet.   The community is integrated within the mixed-use village, Halcyon, which has over 535,000 square feet of office and retail space and over 100 single-family homes selling at between... Read More »
Walker & Dunlop Hire Dedicated Housing Expert in Southern California

Walker & Dunlop Hire Dedicated Housing Expert in Southern California

Walker & Dunlop, Inc. has hired Gideon Orion as Managing Director on its investment sales platform. Most recently working for Blueprint Healthcare Real Estate Advisors, Mr. Orion is based in Los Angeles and will join the firm’s national seniors housing property sales team led by Managing Director Joshua Jandris. Mr. Orion will be focused on originating and executing seniors housing property sales opportunities across the United States.  He has a strong track record and brings additional skill to Walker & Dunlop’s seniors housing sales team, in addition to expanding the firm’s existing footprint in Southern California. In fact, Mr. Orion represents the first dedicated... Read More »
Walker & Dunlop Provide Funds to SNF Portfolios Struggling During COVID

Walker & Dunlop Provide Funds to SNF Portfolios Struggling During COVID

Walker & Dunlop, Inc. announced that it structured a little over $77 million in financing for two skilled nursing portfolios totaling ten properties and 848 units. The Cascades Portfolio, located throughout Utah, totals seven properties and 693 units. The Rollins-Nelson Portfolio includes three properties and 155 units located in Englewood, Long Beach, and Perris, California. Walker & Dunlop’s Kevin Giusti, Brian Neal, and Andrew Westling arranged financing from HUD, a regional bank and a finance company to provide for the Cascades portfolio. For the Rollins-Nelson portfolio, the team refinanced the existing HUD loan, capitalizing on a low interest rate and extending the term... Read More »
Walker & Dunlop Facilitates Refinancing of Six Illinois SNFs

Walker & Dunlop Facilitates Refinancing of Six Illinois SNFs

Walker & Dunlop recently announced a $43.2 million refinancing for six skilled nursing facilities located across Illinois: Aperion Care Bridgeport, Aperion Care Burbank, Aperion Care Dekalb, Aperion Care Litchfield, Aperion Care Wilmington, and Rock River Health Care. Totaling 640 beds across 277 units, the portfolio received HUD financing, with Aperion Care Dekalb also transferring its physical assets through Walker & Dunlop. AC Bridgeport received $3.88 million, AC Burbank received $6.88 million, AC Dekalb received $6.28 million, AC Litchfield received $3.55 million, AC Wilmington received $16.24 million and Rock River Health Care received $6.4 million.  Read More »
Walker & Dunlop Advise Joint Venture on Construction Financing

Walker & Dunlop Advise Joint Venture on Construction Financing

Walker & Dunlop has advised an equity partnership on a $300 million construction financing arranged by Huntington National Bank for a luxury life plan community in Tysons, Virginia.  Tysons LPC, LLC is a 50/50 partnership between Mather Investments and Westminster Capital. It will own the to-be-built CCRC entitled The Mather — a two-building project consisting of 300 independent living apartments, 60 assisted living apartments, 20 memory care suites and 42 skilled nursing suites. The community will be completed in two phases, with the first phase expected to open in early 2024.  The Mather has been designed for transit accessibility, a walking lifestyle and environmental... Read More »